{"id":1047,"date":"2026-07-14T22:28:19","date_gmt":"2026-07-14T14:28:19","guid":{"rendered":"https:\/\/junai.ai\/blog\/quant-investing-no-code-2026\/"},"modified":"2026-07-14T22:28:19","modified_gmt":"2026-07-14T14:28:19","slug":"quant-investing-no-code-2026","status":"publish","type":"post","link":"https:\/\/junai.ai\/blog\/quant-investing-no-code-2026\/","title":{"rendered":"\ucf54\ub529 \uc5c6\uc774 \uc2dc\uc791\ud558\ub294 \ud000\ud2b8 \ud22c\uc790 \u2014 \ud329\ud130 \uc804\ub7b5 \uc785\ubb38 2026"},"content":{"rendered":"\n<!-- WordPress REST API \ubc1c\ud589\uc6a9 HTML (\uc790\ub3d9 \uc0dd\uc131) -->\n<!-- WP-FEATURED-MEDIA-ID: 1041 -->\n<div style=\"max-width:800px;margin:0 auto;\">\n<style>\n  * { margin: 0; padding: 0; box-sizing: border-box; }\n:root {\n    --color-primary: #1e40af;\n    --color-accent: #3b82f6;\n    --color-bg: #fafafa;\n    --color-bg-card: #ffffff;\n    --color-text: #1e293b;\n    --color-text-muted: #64748b;\n    --hero-start: #0f172a;\n    --hero-end: #1e40af;\n  }\n.container { max-width: 780px; margin: 0 auto; padding: 0 20px; }\n  article { background: var(--color-bg-card); }\n\n  .hero {\n    background: linear-gradient(135deg, var(--hero-start) 0%, var(--hero-end) 100%);\n    color: #f8fafc;\n    padding: 76px 20px 56px;\n    text-align: center;\n  }\n  .hero .eyebrow {\n    display: inline-block;\n    background: rgba(96, 165, 250, 0.15);\n    color: #93c5fd;\n    padding: 6px 14px;\n    border-radius: 20px;\n    font-size: 13px;\n    font-weight: 600;\n    letter-spacing: 0.5px;\n    margin-bottom: 20px;\n  }\n  .hero h1 {\n    font-size: 34px;\n    font-weight: 800;\n    line-height: 1.32;\n    margin-bottom: 16px;\n    letter-spacing: -0.5px;\n    max-width: 640px;\n    margin-left: auto;\n    margin-right: auto;\n  }\n  .hero .subtitle {\n    font-size: 17px;\n    color: #cbd5e1;\n    max-width: 560px;\n    margin: 0 auto;\n  }\n  .hero-img { width: 100%; height: auto; display: block; }\n\n  .content { padding: 44px 0 20px; }\n  .content h2 {\n    font-size: 27px;\n    font-weight: 800;\n    line-height: 1.35;\n    letter-spacing: -0.3px;\n    margin: 46px 0 16px;\n    padding-bottom: 10px;\n    border-bottom: 2px solid #eef2f7;\n    color: #0f172a;\n  }\n  .content h3 { font-size: 20px; font-weight: 700; margin: 26px 0 10px; color: #1e293b; }\n  .content p { margin: 0 0 18px; }\n  .content strong { color: #0f172a; font-weight: 700; }\n  .content a { color: var(--color-primary); text-decoration: underline; text-underline-offset: 2px; }\n  .lead { font-size: 18.5px; color: #334155; }\n\n  .databox {\n    background: #f1f5f9;\n    border-left: 4px solid var(--color-accent);\n    border-radius: 8px;\n    padding: 18px 20px;\n    margin: 22px 0;\n    font-size: 16px;\n  }\n  .databox .stat { font-size: 24px; font-weight: 800; color: var(--color-primary); display: block; margin-bottom: 4px; }\n  .databox.warn { background: linear-gradient(135deg, #fff7ed 0%, #ffedd5 100%); border-left-color: #f97316; }\n  .databox.warn strong { color: #9a3412; }\n\n  .tablewrap { overflow-x: auto; -webkit-overflow-scrolling: touch; margin: 22px 0; }\n  table { width: 100%; border-collapse: collapse; font-size: 15px; background: var(--color-bg-card); }\n  th, td { padding: 11px 12px; text-align: left; border-bottom: 1px solid #e2e8f0; vertical-align: top; }\n  th { background: #f1f5f9; font-weight: 700; color: #0f172a; }\n  td:first-child, th:first-child { font-weight: 700; }\n\n  .check { display: flex; gap: 14px; margin: 16px 0; align-items: flex-start; }\n  .check-num {\n    flex: 0 0 auto;\n    width: 42px; height: 42px;\n    border-radius: 50%;\n    background: var(--color-primary);\n    color: #fff;\n    font-weight: 800;\n    font-size: 17px;\n    display: flex; align-items: center; justify-content: center;\n  }\n  .check-body { flex: 1; }\n  .check-body h3 { margin: 4px 0 6px; font-size: 18px; }\n  .check-body p { margin: 0; font-size: 16px; color: #475569; }\n\n  .product-ad { margin: 40px 0 0; padding: 20px 22px; border: 1px solid #e2e8f0; border-radius: 12px; background: var(--color-bg-card); }\n  .product-ad-label { margin: 0 0 8px; font-size: 13px; font-weight: 700; color: var(--color-text-muted); letter-spacing: .3px; }\n  .product-ad-link { display: block; text-decoration: none; color: var(--color-primary); }\n  .product-ad-link strong { display: block; font-size: 16.5px; line-height: 1.5; word-break: keep-all; }\n  .product-ad-link span { display: block; margin-top: 4px; font-size: 14px; color: var(--color-text-muted); text-decoration: underline; word-break: break-all; }\n\n  .brand-cta { margin: 40px 0 0; padding: 30px 24px; text-align: center; border-radius: 14px; color: #fff; background: linear-gradient(135deg, var(--hero-start, #0f172a) 0%, var(--hero-end, #1e40af) 100%); }\n  .brand-cta-tagline { margin: 0 0 10px; font-size: 17px; font-weight: 700; line-height: 1.55; word-break: keep-all; }\n  .brand-cta-url { margin: 0; font-size: 16px; letter-spacing: .5px; }\n  .brand-cta-url a { color: #fff; text-decoration: underline; font-weight: 800; }\n\n  .disclaimer { margin: 26px 0 40px; font-size: 13.5px; color: #94a3b8; line-height: 1.7; }\n\n  @media (max-width: 480px) {\n.hero { padding: 56px 18px 40px; }\n    .hero h1 { font-size: 26px; }\n    .hero .subtitle { font-size: 15.5px; }\n    .content h2 { font-size: 22px; }\n    .brand-cta-tagline { font-size: 15.5px; }\n  }\n  @media (max-width: 560px) {\n    .tablewrap table, .tablewrap thead, .tablewrap tbody, .tablewrap tr, .tablewrap th, .tablewrap td { display: block; width: auto; }\n    .tablewrap thead { display: none; }\n    .tablewrap tr { margin: 0 0 14px; border: 1px solid #e2e8f0; border-radius: 10px; overflow: hidden; }\n    .tablewrap td { border: none; border-bottom: 1px solid #f1f5f9; padding: 9px 14px; }\n    .tablewrap td:first-child { background: #f1f5f9; font-weight: 800; font-size: 15.5px; }\n    .tablewrap td:last-child { border-bottom: none; }\n    .tablewrap td[data-label]::before { content: attr(data-label) \" \u2014 \"; font-weight: 700; color: var(--color-primary); }\n  }\n<\/style>\n<article>\n  <header class=\"hero\">\n    <span class=\"eyebrow\">\ud000\ud2b8 \ud22c\uc790 \u00b7 \ud329\ud130 \uc804\ub7b5 \uc2e4\uc804\ud3b8<\/span>\n    <h1>\ucf54\ub529 \uc5c6\uc774 \uc2dc\uc791\ud558\ub294 \ud000\ud2b8 \ud22c\uc790, \ud329\ud130 \uc804\ub7b5 \uc785\ubb38 2026<\/h1>\n    <p class=\"subtitle\">\ud30c\uc774\uc36c \ud55c \uc904 \uc5c6\uc774\ub3c4 \ud329\ud130 \uc804\ub7b5\uc744 \ub9cc\ub4e4 \uc218 \uc788\ub294 \uc2dc\ub300\uc785\ub2c8\ub2e4. \ubb38\uc81c\ub294 \ub9cc\ub4dc\ub294 \uac8c \uc544\ub2c8\ub77c \uc81c\ub300\ub85c \uac80\uc99d\ud558\ub294 \uac83\uc774\uc8e0.<\/p>\n  <\/header>\n\n  <img decoding=\"async\" class=\"hero-img\" src=\"https:\/\/junai.ai\/blog\/wp-content\/uploads\/2026\/07\/hero-15.png\" alt=\"\uac1c\uc778 \ud22c\uc790\uc790\uac00 \ub178\ud2b8\ubd81 \ub300\uc2dc\ubcf4\ub4dc\uc5d0\uc11c \ud329\ud130 \uc131\uacfc \uadf8\ub9ac\ub4dc\ub97c \uc0b4\ud3b4\ubcf4\ub294 \ubaa8\uc2b5\">\n\n  <div class=\"container\">\n    <div class=\"content\">\n\n      <p class=\"lead\">\ubc38\ub958 \ud329\ud130\ub294 2009\ub144\ubd80\ud130 2018\ub144\uae4c\uc9c0 \ubbf8\uad6d \uc2dc\uc7a5\uc5d0\uc11c <strong>\uc5f0\ud3c9\uade0 -1.9%<\/strong>\ub97c \uae30\ub85d\ud588\uc2b5\ub2c8\ub2e4. \ubbf8\uad6d \ubc16\uc5d0\uc11c\ub294 \uc0ac\uc2e4\uc0c1 0%\uc600\uace0\uc694. \uc218\uc2ed \ub144\uac04 &#8220;\uc800\ud3c9\uac00\ub41c \uc8fc\uc2dd\uc744 \uc0ac\ub77c&#8221;\ub358 \uad50\uacfc\uc11c \uc804\ub7b5\uc774 10\ub144\uc744 \ud1b5\uc9f8\ub85c \ubc30\uc2e0\ud55c \uc148\uc785\ub2c8\ub2e4.<\/p>\n\n      <p>\uadf8\ub7f0\ub370 \uc7ac\ubbf8\uc788\ub294 \uac74, \ubc14\ub85c \uadf8 10\ub144 \ub3d9\uc548 \uac1c\uc778 \ud22c\uc790\uc790\uc6a9 \ud000\ud2b8 \ud50c\ub7ab\ud3fc\uc774 \ud3ed\ubc1c\uc801\uc73c\ub85c \ub298\uc5c8\ub2e4\ub294 \uc810\uc785\ub2c8\ub2e4. \uc774\uc81c\ub294 \ucf54\ub529\uc744 \ubab0\ub77c\ub3c4 \ub9c8\uc6b0\uc2a4 \ud074\ub9ad \uba87 \ubc88\uc73c\ub85c \ud329\ud130 \uc804\ub7b5\uc744 \uc9dc\uace0 20\ub144\uce58 \ub370\uc774\ud130\ub85c \ub3cc\ub824\ubcfc \uc218 \uc788\uc2b5\ub2c8\ub2e4. \ub3c4\uad6c\ub294 \uc26c\uc6cc\uc84c\ub294\ub370, \uc804\ub7b5\uc774 \uc9c4\uc9dc\uc778\uc9c0 \uac00\uc9dc\uc778\uc9c0 \uac00\ub824\ub0b4\ub294 \ub208\uc740 \uc624\ud788\ub824 \ub354 \uc911\uc694\ud574\uc84c\uc2b5\ub2c8\ub2e4. \uc774 \uae00\uc740 \uac1c\ub150\uc774 \uc544\ub2c8\ub77c <strong>\uc2e4\ud589\uacfc \uac80\uc99d<\/strong>\uc5d0 \uc9d1\uc911\ud569\ub2c8\ub2e4.<\/p>\n\n      <h2>\ubc38\ub958\uac00 10\ub144\uc744 \ubc30\uc2e0\ud588\ub294\ub370, \uc65c \uc544\uc9c1\ub3c4 \ud329\ud130 \ud22c\uc790\uc778\uac00<\/h2>\n      <p>\ud329\ud130(factor)\ub294 \uc8fc\uc2dd \uc218\uc775\ub960\uc5d0 \uc601\ud5a5\uc744 \uc900\ub2e4\uace0 \uc54c\ub824\uc9c4 \uacf5\ud1b5 \ud2b9\uc131\uc785\ub2c8\ub2e4. \ud559\uacc4\ub294 \ucc98\uc74c \uc0ac\uc774\uc988\u00b7\ubc38\ub958\u00b7\ud004\ub9ac\ud2f0 3\uac1c\ub85c \ucd9c\ubc1c\ud574, \uc774\ud6c4 \uc800\ubcc0\ub3d9\uc131\u00b7\ubc30\ub2f9\u00b7\ubaa8\uba58\ud140\uc744 \ub354\ud574 6\uac1c \uc548\ud30e\uc73c\ub85c \uc815\ub9ac\ud588\uc2b5\ub2c8\ub2e4. \uac1c\uc778\uc774 \uc2e4\uc804\uc5d0\uc11c \uc4f0\ub294 \uac74 \ubcf4\ud1b5 \ub2e4\uc74c \ub2e4\uc12f \uac00\uc9c0\uc785\ub2c8\ub2e4.<\/p>\n\n      <div class=\"tablewrap\">\n        <table>\n          <thead>\n            <tr><th>\ud329\ud130<\/th><th>\uace0\ub974\ub294 \uae30\uc900<\/th><th>\ud55c \uc904 \uc131\uaca9<\/th><\/tr>\n          <\/thead>\n          <tbody>\n            <tr><td>\uac00\uce58(Value)<\/td><td data-label=\"\uae30\uc900\">PER\u00b7PBR\uc774 \ub0ae\uc740 \uc800\ud3c9\uac00 \uc885\ubaa9<\/td><td data-label=\"\uc131\uaca9\">\uc2f8\uac8c \uc0ac\uc11c \uc81c\uc790\ub9ac\ub97c \uae30\ub2e4\ub9bc<\/td><\/tr>\n            <tr><td>\ubaa8\uba58\ud140(Momentum)<\/td><td data-label=\"\uae30\uc900\">\ucd5c\uadfc \uc218\uc775\ub960\uc774 \uc6b0\uc218\ud55c \uc885\ubaa9<\/td><td data-label=\"\uc131\uaca9\">\uc624\ub974\ub294 \ub9d0\uc5d0 \uc62c\ub77c\ud0d0<\/td><\/tr>\n            <tr><td>\ud004\ub9ac\ud2f0(Quality)<\/td><td data-label=\"\uae30\uc900\">ROE\u00b7\ubd80\ucc44\ube44\uc728 \ub4f1 \uc7ac\ubb34 \uc6b0\ub7c9\uc8fc<\/td><td data-label=\"\uc131\uaca9\">\ud2bc\ud2bc\ud55c \ud68c\uc0ac\ub9cc \ub2f4\uc74c<\/td><\/tr>\n            <tr><td>\uc800\ubcc0\ub3d9\uc131(Low-Vol)<\/td><td data-label=\"\uae30\uc900\">\uc8fc\uac00 \ud754\ub4e4\ub9bc\uc774 \uc791\uc740 \uc885\ubaa9<\/td><td data-label=\"\uc131\uaca9\">\ub35c \uc624\ub974\uc9c0\ub9cc \ub35c \ubb34\ub108\uc9d0<\/td><\/tr>\n            <tr><td>\uc0ac\uc774\uc988(Size)<\/td><td data-label=\"\uae30\uc900\">\uc911\u00b7\uc18c\ud615\uc8fc \ud3b8\uc785<\/td><td data-label=\"\uc131\uaca9\">\ubab8\uc9d1 \uc791\uc740 \uc885\ubaa9\uc758 \ucd08\uacfc\uc218\uc775<\/td><\/tr>\n          <\/tbody>\n        <\/table>\n      <\/div>\n\n      <p>\uadf8\ub807\ub2e4\uba74 \ubc38\ub958\uc758 \ubd80\uc9c4\uc740 \ud329\ud130 \ud22c\uc790\uc758 \uc0ac\ub9dd \uc120\uace0\uc77c\uae4c\uc694? \uc5ec\uae30\uc11c \ud559\uacc4\uac00 \uc544\uc9c1\ub3c4 \uac08\ub9bd\ub2c8\ub2e4. \ud329\ud130 \ud504\ub9ac\ubbf8\uc5c4\uc774 <strong>\uc704\ud5d8\uc5d0 \ub300\ud55c \ubcf4\uc0c1<\/strong>\uc774\ub77c\uba74 \uc55e\uc73c\ub85c\ub3c4 \uc9c0\uc18d\ub420 \uac83\uc774\uace0, \ub2e8\uc21c\ud55c <strong>\ud589\ub3d9 \ud3b8\ud5a5<\/strong>\uc774\ub77c\uba74 \uc0ac\ub78c\ub4e4\uc774 \ubab0\ub9b4\uc218\ub85d(overcrowding) \ub2f3\uc544 \uc5c6\uc5b4\uc9c8 \uc218 \uc788\ub2e4\ub294 \uac70\uc8e0. \uacb0\ub860\uc774 \uc548 \ub09c \ub17c\uc7c1\uc785\ub2c8\ub2e4.<\/p>\n\n      <p>\uc2e4\uc804 \ud22c\uc790\uc790\uc5d0\uac8c \uc774 \ub17c\uc7c1\uc758 \uad50\ud6c8\uc740 \ub2e8\uc21c\ud569\ub2c8\ub2e4. &#8220;\ud55c \ud329\ud130\uc5d0 \uc804\ubd80 \uac78\uc9c0 \ub9d0 \uac83.&#8221; \ubc38\ub958\uac00 \uc8fd\uc740 10\ub144\uc5d0\ub3c4 \ubaa8\uba58\ud140\uacfc \ud004\ub9ac\ud2f0\ub294 \uc0b4\uc544 \uc788\uc5c8\uc2b5\ub2c8\ub2e4. \uc5ec\ub7ec \ud329\ud130\ub97c \uc11e\uace0, \uac01 \uad6d\uba74\uc5d0\uc11c \uc5b4\ub5bb\uac8c \ubc84\ud2f0\ub294\uc9c0 \uc9c1\uc811 \ub370\uc774\ud130\ub85c \ud655\uc778\ud558\ub294 \uac83. \uadf8\uac8c \ucf54\ub529 \uc5c6\ub294 \ud50c\ub7ab\ud3fc\uc774 \uc815\ub9d0\ub85c \ud544\uc694\ud55c \uc774\uc720\uc785\ub2c8\ub2e4.<\/p>\n\n      <h2>\ucf54\ub529 \ud55c \uc904 \uc5c6\uc774 \ud329\ud130 \uc804\ub7b5 \uc9dc\ub294 \uad6d\ub0b4 \ud50c\ub7ab\ud3fc 3\uacf3<\/h2>\n      <p>\uad6d\ub0b4\uc5d0\ub3c4 \uac1c\uc778\uc774 \ubc14\ub85c \uc4f8 \uc218 \uc788\ub294 \ub178\ucf54\ub4dc \ud000\ud2b8 \ub3c4\uad6c\uac00 \uc790\ub9ac\ub97c \uc7a1\uc558\uc2b5\ub2c8\ub2e4. \uc131\uaca9\uc774 \uc870\uae08\uc529 \ub2e4\ub974\ub2c8 \ubaa9\uc801\uc5d0 \ub9de\ucdb0 \uace0\ub974\uba74 \ub429\ub2c8\ub2e4.<\/p>\n\n      <div class=\"tablewrap\">\n        <table>\n          <thead>\n            <tr><th>\ud50c\ub7ab\ud3fc<\/th><th>\uacb0\uc774 \ub9de\ub294 \uc0ac\ub78c<\/th><th>\ub300\ud45c \ud2b9\uc9d5<\/th><\/tr>\n          <\/thead>\n          <tbody>\n            <tr><td>\uc778\ud154\ub9ac\ud000\ud2b8<\/td><td data-label=\"\ub9de\ub294 \uc0ac\ub78c\">\uc804\ub7b5\uc744 \uc870\ub9bd\ud558\uace0 \ub0a8\uacfc \uacf5\uc720\ud558\uace0 \uc2f6\uc740 \uc0ac\ub78c<\/td><td data-label=\"\ud2b9\uc9d5\">\ube14\ub85d \uc870\ub9bd\uc2dd\uc73c\ub85c \ucf54\ub529 \uc5c6\uc774 \uc54c\uace0\ub9ac\uc998 \uad6c\uc131, \ub370\uc774\ud130 \uc218\uc9d1\u2192\ud329\ud130 \uc124\uc815\u2192\ubc31\ud14c\uc2a4\ud2b8\u2192\ub9ac\ubc38\ub7f0\uc2f1\uae4c\uc9c0 \ud55c \ud750\ub984. iQ\ub9c8\ucf13\uc5d0\uc11c \uc804\ub7b5 \ub9e4\ub9e4\ub3c4 \uac00\ub2a5<\/td><\/tr>\n            <tr><td>\ud000\ud2b8\ud0b9<\/td><td data-label=\"\ub9de\ub294 \uc0ac\ub78c\">\uc7ac\ubb34 \ub370\uc774\ud130\ub97c \uae4a\uac8c \ud30c\uace0 \ubb34\ud55c\ud788 \ub3cc\ub824\ubcf4\uace0 \uc2f6\uc740 \uc0ac\ub78c<\/td><td data-label=\"\ud2b9\uc9d5\">\ubc31\ud14c\uc2a4\ud2b8 \ud69f\uc218 \uc81c\ud55c \uc5c6\uc74c, \uad6d\ub0b4\uc5d0\uc11c \uc190\uaf3d\ud788\uac8c \ube60\ub978 \ub370\uc774\ud130 \uc5c5\ub370\uc774\ud2b8\uc5d0 \uc9d1\uc911<\/td><\/tr>\n            <tr><td>\uc54c\ud30c\uc2a4\ud018\uc5b4<\/td><td data-label=\"\ub9de\ub294 \uc0ac\ub78c\">\ucc28\ud2b8\u00b7\uc885\ubaa9\ud544\ud130\ubd80\ud130 \uc775\uc219\ud574\uc9c0\ub824\ub294 \ucd08\ubcf4\uc790<\/td><td data-label=\"\ud2b9\uc9d5\">\uc885\ubaa9\ud544\ud130\u00b7\ubc31\ud14c\uc2a4\ud305\uc5d0 \ub354\ud574 \uacfc\uac70 \ucc28\ud2b8\ub85c \uc5f0\uc2b5\ud558\ub294 &#8216;\ucc28\ud2b8\uac8c\uc784&#8217; \uc81c\uacf5, \uad6d\ub0b4\u00b7\ud574\uc678\u00b7\ucf54\uc778 \ud1b5\ud569 \ud654\uba74<\/td><\/tr>\n          <\/tbody>\n        <\/table>\n      <\/div>\n\n      <p>\uacf5\ud1b5\uc810\uc740 \ud558\ub098\uc785\ub2c8\ub2e4. \uc138 \uacf3 \ubaa8\ub450 <strong>\uc804\ub7b5\uc744 \ub9cc\ub4dc\ub294 \uac83\ubcf4\ub2e4 \uac80\uc99d\ud558\ub294 \uacfc\uc815<\/strong>\uc5d0 \ub3c4\uad6c\ub97c \ubab0\uc544\uc90d\ub2c8\ub2e4. \uc54c\ud30c\uc2a4\ud018\uc5b4\uac00 \ub9e4\uc77c 12\ub9cc \ud68c \ub118\ub294 \uc2dc\ubbac\ub808\uc774\uc158\uc744 \ub3cc\ub9ac\ub294 \uac83\ub3c4, \uc778\ud154\ub9ac\ud000\ud2b8\uac00 20\ub144\uce58 \ub370\uc774\ud130\ub97c \ubd99\uc5ec\ub450\ub294 \uac83\ub3c4 \uacb0\uad6d &#8220;\uc774 \uc804\ub7b5\uc774 \uacfc\uac70\uc5d0 \uc5b4\ub5bb\uac8c \ubc84\ud17c\ub294\uac00&#8221;\ub97c \ubcf4\uc5ec\uc8fc\uae30 \uc704\ud574\uc11c\uc8e0. \uc5b4\ub290 \ud50c\ub7ab\ud3fc\uc744 \uc4f0\ub4e0, \uc9c4\uc9dc \uc2e4\ub825\uc740 \ub9cc\ub4e0 \ub2e4\uc74c\uc5d0 \uac08\ub9bd\ub2c8\ub2e4.<\/p>\n\n      <h2>\ubc31\ud14c\uc2a4\ud2b8 \uc218\uc775\ub960 300%? \uc624\ud788\ub824 \uadf8\uac8c \ud568\uc815\uc774\ub2e4<\/h2>\n      <p>\ucd08\ubcf4\uac00 \uac00\uc7a5 \ud754\ud788 \ube60\uc9c0\ub294 \ucc29\uac01\uc774 \uc788\uc2b5\ub2c8\ub2e4. &#8220;\ubc31\ud14c\uc2a4\ud2b8 \uc218\uc775\ub960\uc774 \ub192\uc744\uc218\ub85d \uc88b\uc740 \uc804\ub7b5&#8221;\uc774\ub77c\ub294 \ubbff\uc74c. \uc2e4\uc81c\ub85c\ub294 \uc815\ubc18\ub300\uc778 \uacbd\uc6b0\uac00 \ub9ce\uc2b5\ub2c8\ub2e4. \uc9c0\ub098\uce58\uac8c \ud654\ub824\ud55c \uc131\uacfc \uace1\uc120\uc740 \uc804\ub7b5\uc774 \ub6f0\uc5b4\ub09c \uac8c \uc544\ub2c8\ub77c, \uacfc\uac70 \ub370\uc774\ud130\uc5d0 \ubab8\uc744 \uc5b5\uc9c0\ub85c \ub07c\uc6cc \ub9de\ucdc4\ub2e4\ub294 <strong>\uacbd\uace0\ub4f1<\/strong>\uc77c \ub54c\uac00 \ub9ce\uac70\ub4e0\uc694. \ub300\ud45c\uc801\uc778 \ud568\uc815 \uc14b\uc744 \uc9da\uc5b4\ubd05\ub2c8\ub2e4.<\/p>\n\n      <div class=\"databox warn\">\n        <strong>\ud568\uc815 1 \u00b7 \uacfc\ucd5c\uc801\ud654(\ucee4\ube0c \ud53c\ud305)<\/strong><br>\n        \uc870\uac74\uc744 \uacc4\uc18d \ub9cc\uc9c0\uc791\uac70\ub824 \uacfc\uac70 \ub370\uc774\ud130\uc5d0 \ub531 \ub9de\ucd98 \uc0c1\ud0dc. \ubc31\ud14c\uc2a4\ud2b8\uc5d0\uc120 \ub208\ubd80\uc2dc\uc9c0\ub9cc \uc2e4\uc804\uc5d0\uc120 \ubb34\ub108\uc9d1\ub2c8\ub2e4. \ub178\uc774\uc988\uae4c\uc9c0 \uaddc\uce59\uc73c\ub85c \uc678\uc6cc\ubc84\ub838\uae30 \ub54c\ubb38\uc774\uc8e0. &#8220;PER 8.3 \uc774\ud558, 3\ubd84\uae30 \uc5f0\uc18d \ub9e4\ucd9c \uc99d\uac00, \ud654\uc694\uc77c \ub9e4\uc218&#8221; \uac19\uc740 \uc9c0\ub098\uce58\uac8c \uc138\ubc00\ud55c \uc870\uac74\uc774 \uc2e0\ud638\uc785\ub2c8\ub2e4.\n      <\/div>\n\n      <div class=\"databox warn\">\n        <strong>\ud568\uc815 2 \u00b7 \uc0dd\uc874 \ud3b8\ud5a5(Survivorship Bias)<\/strong><br>\n        \uc9c0\uae08 \uc0b4\uc544\ub0a8\uc740 \uc885\ubaa9\ub9cc\uc73c\ub85c \uacfc\uac70\ub97c \uc7ac\uad6c\uc131\ud558\uba74, \uc774\ubbf8 \uc0c1\uc7a5\ud3d0\uc9c0\ub41c \uc2e4\ud328 \uc885\ubaa9\ub4e4\uc774 \ud1b5\uc9f8\ub85c \ube60\uc9d1\ub2c8\ub2e4. \uc2e4\ud328\ub97c \uc9c0\uc6b4 \ub370\uc774\ud130\ub85c \ub0b8 \uc218\uc775\ub960\uc740 \ub2f9\uc5f0\ud788 \ubd80\ud480\ub824\uc9d1\ub2c8\ub2e4.\n      <\/div>\n\n      <div class=\"databox warn\">\n        <strong>\ud568\uc815 3 \u00b7 \ubbf8\ub798 \ucc38\uc870(Look-ahead Bias)<\/strong><br>\n        \uadf8 \uc2dc\uc810\uc5d4 \uc54c \uc218 \uc5c6\ub358 \uc815\ubcf4\ub97c \ubbf8\ub9ac \ubc18\uc601\ud574 \ub9e4\ub9e4\ud558\ub294 \uc624\ub958. \uc608\ucee8\ub300 12\uc6d4 \uacb0\uc0b0 \uc2e4\uc801\uc744 1\uc6d4\ubd80\ud130 \uc37c\ub2e4\uace0 \uac00\uc815\ud558\uba74, \ud604\uc2e4\uc5d0\uc120 \ubd88\uac00\ub2a5\ud55c \uc131\uacfc\uac00 \ub098\uc635\ub2c8\ub2e4.\n      <\/div>\n\n      <p>\uc774 \uc14b\uc740 \ud30c\uc774\uc36c\uc73c\ub85c \uc9c1\uc811 \uc9dc\ub4e0 \ub178\ucf54\ub4dc \ud50c\ub7ab\ud3fc\uc744 \uc4f0\ub4e0 \ub611\uac19\uc774 \uc2a4\uba70\ub4ed\ub2c8\ub2e4. \uc624\ud788\ub824 \ud074\ub9ad \uba87 \ubc88\uc73c\ub85c \uc870\uac74\uc744 \ubb34\ud55c\ud788 \ubc14\uafc0 \uc218 \uc788\ub294 \ub178\ucf54\ub4dc \ud658\uacbd\uc774 \uacfc\ucd5c\uc801\ud654\uc5d0\ub294 \ub354 \ucde8\uc57d\ud560 \uc218\ub3c4 \uc788\uc5b4\uc694. \ub3c4\uad6c\uac00 \uc26c\uc6cc\uc9c4 \ub9cc\ud07c, \uc758\uc2ec\ud558\ub294 \uc2b5\uad00\uc744 \uc2a4\uc2a4\ub85c \uc7a5\ucc29\ud574\uc57c \ud569\ub2c8\ub2e4.<\/p>\n\n      <h2>\uac80\uc99d\ub418\ub294 \uc804\ub7b5\uc758 5\uac00\uc9c0 \uc870\uac74<\/h2>\n      <p>\uadf8\ub798\uc11c \uc5b4\ub5bb\uac8c \uac78\ub7ec\ub0bc\uae4c\uc694. \ud654\uba74 \uc18d \uc218\uc775\ub960\uc5d0 \ud754\ub4e4\ub9ac\uc9c0 \uc54a\uc73c\ub824\uba74, \uc804\ub7b5\uc744 \ud655\uc815\ud558\uae30 \uc804\uc5d0 \ub2e4\uc74c \ub2e4\uc12f \uac00\uc9c0\ub97c \ud1b5\uacfc\uc2dc\ud0a4\uc138\uc694. \ub300\ubd80\ubd84\uc758 \ub178\ucf54\ub4dc \ud50c\ub7ab\ud3fc\uc5d0\uc11c \ud074\ub9ad\ub9cc\uc73c\ub85c \ud655\uc778\ud560 \uc218 \uc788\ub294 \ud56d\ubaa9\ub4e4\uc785\ub2c8\ub2e4.<\/p>\n\n      <div class=\"check\">\n        <div class=\"check-num\">1<\/div>\n        <div class=\"check-body\"><h3>\ucd5c\uc18c 10\ub144, \ub418\ub3c4\ub85d 20\ub144\uc73c\ub85c \ub3cc\ub9b0\ub2e4<\/h3>\n        <p>\uc0c1\uc2b9\uc7a5\ub9cc \ub2f4\uae34 5\ub144 \ub370\uc774\ud130\ub294 \uc544\ubb34\uac83\ub3c4 \uc99d\uba85\ud558\uc9c0 \ubabb\ud569\ub2c8\ub2e4. 2008 \uae08\uc735\uc704\uae30, 2020 \ucf54\ub85c\ub098 \ud3ed\ub77d \uac19\uc740 \ud558\ub77d \uad6d\uba74\uc744 \ud1b5\uacfc\ud588\ub294\uc9c0\uac00 \uc9c4\uc9dc \uc2dc\ud5d8\ub300\uc785\ub2c8\ub2e4.<\/p><\/div>\n      <\/div>\n      <div class=\"check\">\n        <div class=\"check-num\">2<\/div>\n        <div class=\"check-body\"><h3>\ud45c\ubcf8 \uc678 \uac80\uc99d(Out-of-Sample)\uc744 \ub098\ub208\ub2e4<\/h3>\n        <p>\uacfc\uac70 15\ub144\uc73c\ub85c \uc804\ub7b5\uc744 \ub9cc\ub4e4\uc5c8\ub2e4\uba74, \ucd5c\uadfc 5\ub144\uc740 \uc190\ub300\uc9c0 \uc54a\uace0 \ub0a8\uaca8\ub480\ub2e4\uac00 \ub9c8\uc9c0\ub9c9\uc5d0 \ub531 \ud55c \ubc88 \ub3cc\ub824\ubd05\ub2c8\ub2e4. \uc774 \uad6c\uac04\uc5d0\uc11c\ub3c4 \ubc84\ud2f0\uba74 \uc2e0\ub8b0\ub3c4\uac00 \uc62c\ub77c\uac11\ub2c8\ub2e4.<\/p><\/div>\n      <\/div>\n      <div class=\"check\">\n        <div class=\"check-num\">3<\/div>\n        <div class=\"check-body\"><h3>\uac70\ub798\ube44\uc6a9\uacfc \uc138\uae08\uc744 \ubc18\ub4dc\uc2dc \ucf20\ub2e4<\/h3>\n        <p>\uc218\uc218\ub8cc\u00b7\uc2ac\ub9ac\ud53c\uc9c0\u00b7\uc138\uae08\uc744 \ube7c\uba74 \uc885\uc774 \uc704 \uc218\uc775\uc785\ub2c8\ub2e4. \ub9ac\ubc38\ub7f0\uc2f1\uc774 \uc7a6\uc740 \uc804\ub7b5\uc77c\uc218\ub85d \uc774 \ud56d\ubaa9 \ud558\ub098\ub85c \uc131\uacfc\uac00 \uc808\ubc18 \ub098\uae30\ub3c4 \ud569\ub2c8\ub2e4.<\/p><\/div>\n      <\/div>\n      <div class=\"check\">\n        <div class=\"check-num\">4<\/div>\n        <div class=\"check-body\"><h3>\uc870\uac74\uc740 \ub2e8\uc21c\ud558\uac8c, \uaddc\uce59 \uc218\ub97c \uc904\uc778\ub2e4<\/h3>\n        <p>\uc870\uac74\uc774 \ub9ce\uc744\uc218\ub85d \uacfc\ucd5c\uc801\ud654 \uc704\ud5d8\uc774 \ucee4\uc9d1\ub2c8\ub2e4. &#8220;\uc65c \uc774 \uaddc\uce59\uc774 \ub3c8\uc744 \ubc84\ub294\uac00&#8221;\ub97c \ud55c \ubb38\uc7a5\uc73c\ub85c \uc124\uba85 \ubabb \ud558\uba74, \uadf8\uac74 \ubc1c\uacac\uc774 \uc544\ub2c8\ub77c \uc6b0\uc5f0\uc785\ub2c8\ub2e4.<\/p><\/div>\n      <\/div>\n      <div class=\"check\">\n        <div class=\"check-num\">5<\/div>\n        <div class=\"check-body\"><h3>\ud30c\ub77c\ubbf8\ud130\ub97c \uc870\uae08 \ud754\ub4e4\uc5b4 \ubcf8\ub2e4<\/h3>\n        <p>PER \uae30\uc900\uc744 10\uc5d0\uc11c 12\ub85c \ubc14\uafe8\ub354\ub2c8 \uc218\uc775\ub960\uc774 \ubc18\ud1a0\ub9c9 \ub09c\ub2e4\uba74, \uadf8 \uc804\ub7b5\uc740 \ud2b9\uc815 \uc22b\uc790\uc5d0 \uc5b9\ud600 \uc788\uc744 \ubfd0\uc785\ub2c8\ub2e4. \uac12\uc744 \uc0b4\uc9dd \ubc14\uafd4\ub3c4 \uacb0\uacfc\uac00 \ud06c\uac8c \uc548 \ud754\ub4e4\ub824\uc57c \uacac\uace0\ud55c \uc804\ub7b5\uc785\ub2c8\ub2e4.<\/p><\/div>\n      <\/div>\n\n      <div class=\"databox\">\n        <span class=\"stat\">-1.9%<\/span>\n        \ubc38\ub958 \ud329\ud130\uc758 10\ub144(2009\u20132018, \ubbf8\uad6d) \uc5f0\ud3c9\uade0 \uc131\uacfc. \uc544\ubb34\ub9ac \uc720\uba85\ud55c \uc804\ub7b5\ub3c4 \uad6d\uba74\uc744 \ubabb \ubc84\ud2f0\uba74 \uc774\ub807\uac8c \ub429\ub2c8\ub2e4. \uadf8\ub798\uc11c \uac80\uc99d\uc774 \uc804\ub7b5\ubcf4\ub2e4 \uba3c\uc800\uc785\ub2c8\ub2e4.\n      <\/div>\n\n      <h2>\ub9c8\uce58\uba70 \u2014 \uc27d\uac8c \ub9cc\ub4dc\ub294 \uc2dc\ub300\uc758 \uc9c4\uc9dc \uc2e4\ub825<\/h2>\n      <p>\ucf54\ub529 \uc5c6\ub294 \ud50c\ub7ab\ud3fc\uc758 \uac00\uce58\ub294 &#8220;\uc804\ub7b5\uc744 \uc27d\uac8c \ub9cc\ub4e4\uc5b4 \uc900\ub2e4&#8221;\uc5d0 \uc788\uc9c0 \uc54a\uc2b5\ub2c8\ub2e4. <strong>\uc27d\uac8c \uac80\uc99d\ud558\uace0, \uc544\ub2c8\ub2e4 \uc2f6\uc73c\uba74 \ubbf8\ub828 \uc5c6\uc774 \ud3d0\uae30\ud558\uac8c \ud574 \uc900\ub2e4<\/strong>\ub294 \ub370 \uc788\uc2b5\ub2c8\ub2e4. \uc88b\uc740 \ud22c\uc790\uc790\uc640 \uadf8\ub807\uc9c0 \uc54a\uc740 \ud22c\uc790\uc790\ub97c \uac00\ub974\ub294 \uac74 \ud654\ub824\ud55c \uc544\uc774\ub514\uc5b4\uc758 \uac1c\uc218\uac00 \uc544\ub2c8\ub77c, \uc790\uae30 \uc544\uc774\ub514\uc5b4\ub97c \uc5bc\ub9c8\ub098 \ub0c9\uc815\ud558\uac8c \ubd80\uc234 \ubcf4\ub290\ub0d0\uc785\ub2c8\ub2e4.<\/p>\n      <p>\uc624\ub298 \ub9c8\uc6b0\uc2a4\ub85c \ub9cc\ub4e0 \uccab \uc804\ub7b5\uc774 \uc138 \ubc88\uc9f8 \uc870\uac74\uc5d0\uc11c \ubb34\ub108\uc84c\ub2e4\uba74, \uc2e4\ub9dd\ud560 \uc77c\uc774 \uc544\ub2d9\ub2c8\ub2e4. \uc2e4\uc804 \uacc4\uc88c\uac00 \uc544\ub2c8\ub77c \ubc31\ud14c\uc2a4\ud2b8 \ud654\uba74\uc5d0\uc11c \ubb34\ub108\uc84c\uc73c\ub2c8\uae4c\uc694. \ub2f9\uc2e0\uc758 \ub2e4\uc74c \uc804\ub7b5\uc740 \uba87 \uac1c\uc758 \uc870\uac74\uc744 \ud1b5\uacfc\ud560 \uc218 \uc788\uc744\uae4c\uc694?<\/p>\n\n      <p class=\"disclaimer\">\uc774 \uae00\uc740 \ud329\ud130 \ud22c\uc790\uc640 \ubc31\ud14c\uc2a4\ud2b8 \uac80\uc99d \ubc29\ubc95\uc744 \uc18c\uac1c\ud558\ub294 \uc815\ubcf4\uc131 \ucf58\ud150\uce20\uc774\uba70, \ud2b9\uc815 \uc885\ubaa9\u00b7\uc804\ub7b5\uc758 \ub9e4\uc218\ub97c \uad8c\uc720\ud558\uac70\ub098 \uc218\uc775\uc744 \ubcf4\uc7a5\ud558\uc9c0 \uc54a\uc2b5\ub2c8\ub2e4. \uc5b8\uae09\ud55c \uc218\uc775\ub960\u00b7\ud1b5\uacc4\ub294 \uacfc\uac70 \ub370\uc774\ud130\uc774\uba70 \ubbf8\ub798 \uc131\uacfc\ub97c \ub2f4\ubcf4\ud558\uc9c0 \uc54a\uc2b5\ub2c8\ub2e4. \ubaa8\ub4e0 \ud22c\uc790 \ud310\ub2e8\uacfc \uadf8 \uacb0\uacfc\uc5d0 \ub300\ud55c \ucc45\uc784\uc740 \ud22c\uc790\uc790 \ubcf8\uc778\uc5d0\uac8c \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n      <aside class=\"product-ad\">\n        <p class=\"product-ad-label\">\ud568\uaed8 \ubcf4\uba74 \uc88b\uc740 \uc11c\ube44\uc2a4<\/p>\n        <a class=\"product-ad-link\" href=\"https:\/\/hyodobot.junai.ai\" target=\"_blank\" rel=\"noopener\">\n          <strong>AI \uae30\ubc18 \uc790\ub3d9 \ub9e4\ub9e4 \ud504\ub85c\uadf8\ub7a8 \u2014 \ud6a8\ub3c4\ubd07<\/strong>\n          <span>https:\/\/hyodobot.junai.ai<\/span>\n        <\/a>\n      <\/aside>\n\n      <footer class=\"brand-cta\">\n        <p class=\"brand-cta-tagline\">\uc544\uc774\ub514\uc5b4\ub97c \ud604\uc2e4\ub85c, \uc6f9\ubd80\ud130 AI \uc790\ub3d9\ud654\uae4c\uc9c0 \uc62c\uc778\uc6d0 \uac1c\ubc1c \ud30c\ud2b8\ub108<\/p>\n        <p class=\"brand-cta-url\"><a href=\"https:\/\/junai.ai\" target=\"_blank\" rel=\"noopener\">HTTPS:\/\/JUNAI.AI<\/a><\/p>\n      <\/footer>\n\n    <\/div>\n  <\/div>\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\ucf54\ub529 \uc5c6\uc774 \uc778\ud154\ub9ac\ud000\ud2b8\u00b7\ud000\ud2b8\ud0b9\u00b7\uc54c\ud30c\uc2a4\ud018\uc5b4\ub85c \ud329\ud130 \uc804\ub7b5\uc744 \ub9cc\ub4e4\uace0 \ubc31\ud14c\uc2a4\ud2b8\ub85c \uac80\uc99d\ud558\ub294 \ubc95. \uacfc\ucd5c\uc801\ud654 \ud568\uc815\uc744 \ud53c\ud558\ub294 5\uac00\uc9c0 \uac80\uc99d \uc870\uac74\uae4c\uc9c0 \uc815\ub9ac\ud588\uc2b5\ub2c8\ub2e4.<\/p>\n","protected":false},"author":1,"featured_media":1041,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-1047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-bot"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/junai.ai\/blog\/wp-json\/wp\/v2\/posts\/1047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/junai.ai\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/junai.ai\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/junai.ai\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/junai.ai\/blog\/wp-json\/wp\/v2\/comments?post=1047"}],"version-history":[{"count":0,"href":"https:\/\/junai.ai\/blog\/wp-json\/wp\/v2\/posts\/1047\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/junai.ai\/blog\/wp-json\/wp\/v2\/media\/1041"}],"wp:attachment":[{"href":"https:\/\/junai.ai\/blog\/wp-json\/wp\/v2\/media?parent=1047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/junai.ai\/blog\/wp-json\/wp\/v2\/categories?post=1047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/junai.ai\/blog\/wp-json\/wp\/v2\/tags?post=1047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}